IDEAS home Printed from https://ideas.repec.org/p/ehl/lserod/63318.html
   My bibliography  Save this paper

Friedrich Hayek and his visits to Chile

Author

Listed:
  • Caldwell, Bruce
  • Montes, Leonidas

Abstract

F. A. Hayek took two trips to Chile, the first in 1977, the second in 1981. The visits were controversial. On the first trip he met with General Augusto Pinochet, who had led a coup that overthrew Salvador Allende in 1973. During his 1981 visit, Hayek gave interviews that were published in the Chilean newspaper El Mercurio and in which he discussed authoritarian regimes and the problem of unlimited democracy. After each trip, he complained that the western press had painted an unfair picture of the economic situation under the Pinochet regime. Drawing on archival material, interviews, and past research, we provide a full account of this controversial episode in Hayek’s life.

Suggested Citation

  • Caldwell, Bruce & Montes, Leonidas, 2015. "Friedrich Hayek and his visits to Chile," LSE Research Online Documents on Economics 63318, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:63318
    as

    Download full text from publisher

    File URL: http://eprints.lse.ac.uk/63318/
    File Function: Open access version.
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Vittorio Corbo, "undated". "Economic Reforms in Chile: An Overview," Documentos de Trabajo 160, Instituto de Economia. Pontificia Universidad Católica de Chile..
    2. repec:ucp:bkecon:9780226320625 is not listed on IDEAS
    3. Myrdal Gunnar, 1977. "The Nobel Prize in Economic Science," Challenge, Taylor & Francis Journals, vol. 20(1), pages 50-52, March.
    4. Burgin, Angus, 2012. "The Great Persuasion: Reinventing Free Markets since the Depression," Economics Books, Harvard University Press, number 9780674058132, Spring.
    5. repec:ucp:bkecon:9780226264141 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Andrew Farrant & Vlad Tarko, 2019. "James M. Buchanan’s 1981 visit to Chile: Knightian democrat or defender of the ‘Devil’s fix’?," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 32(1), pages 1-20, March.
    2. Stefan Kolev, 2022. "Anti-democratic revolutionaries or democratic reformers? A review essay of Janek Wasserman’s The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 35(4), pages 531-546, December.
    3. Jason Oakes, 2016. "Rent-seeking and the tragedy of the commons: two approaches to problems of collective action in biology and economics," Journal of Bioeconomics, Springer, vol. 18(2), pages 137-151, July.
    4. Ekkehard A. Köhler & Daniel Nientiedt, 2023. "Was Walter Eucken a proponent of authoritarian liberalism?," Public Choice, Springer, vol. 195(3), pages 363-376, June.
    5. Nicolas Brisset & Raphaël Fèvre, 2019. "Peregrinations of an Economist: Perroux's Grand Tour of Fascist Europe," GREDEG Working Papers 2019-11, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    6. Andrew Farrant, 2019. "What Should (Knightian) Economists Do? James M. Buchanan's 1980 Visit to Chile," Southern Economic Journal, John Wiley & Sons, vol. 85(3), pages 691-714, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Leonidas Montes & Bruce Caldwell, 2014. "Friedrich Hayek and his Visitis to Chile," Working Papers wp_036, Adolfo Ibáñez University, School of Government.
    2. Bruce Caldwell & Leonidas Montes, 2015. "Friedrich Hayek and his visits to Chile," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 28(3), pages 261-309, September.
    3. Goddard, Jessica J. & Kallis, Giorgos & Norgaard, Richard B., 2019. "Keeping multiple antennae up: Coevolutionary foundations for methodological pluralism," Ecological Economics, Elsevier, vol. 165(C), pages 1-1.
    4. Ekkehard A. Köhler & Daniel Nientiedt, 2023. "Was Walter Eucken a proponent of authoritarian liberalism?," Public Choice, Springer, vol. 195(3), pages 363-376, June.
    5. Vittorio Corbo & Stanley Fischer, "undated". "Lessons from the Chilean Stabilization and Recovery," Documentos de Trabajo 158, Instituto de Economia. Pontificia Universidad Católica de Chile..
    6. Andrew Lister, 2017. "Markets, desert, and reciprocity," Politics, Philosophy & Economics, , vol. 16(1), pages 47-69, February.
    7. Stephan Schulmeister, 2018. "From Prosperity into the Crisis and Back. On the Role of Economic Theories in the Long Cycle," WIFO Working Papers 571, WIFO.
    8. Martin, Frederic & Lariviere, Sylvain & Staatz, John M., 1995. "Success Stories of Adjustment: Results and Lessons from Africa and Latin America," 1994 Conference, August 22-29, 1994, Harare, Zimbabwe 183385, International Association of Agricultural Economists.
    9. Stefan Kolev & Nils Goldschmidt & Jan-Otmar Hesse, 2020. "Debating liberalism: Walter Eucken, F. A. Hayek and the early history of the Mont Pèlerin Society," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 33(4), pages 433-463, December.
    10. Vlad Tarko & Ryan Safner, 2022. "International regulatory diversity over 50 years: political entrepreneurship within fiscal constraints," Public Choice, Springer, vol. 193(1), pages 79-108, October.
    11. David Mitch, 2016. "A Year of Transition: Faculty Recruiting at Chicago in 1946," Journal of Political Economy, University of Chicago Press, vol. 124(6), pages 1714-1734.
    12. Christ Kevin, 2018. "A Measure of Judgments – Wilhelm Röpke’s Methodological Heresy," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 69(1), pages 35-50, July.
    13. Roger E. Backhouse, 2013. "Responding to economic crisis: macroeconomic revolutions in the 1930s and 1970s," Chapters, in: Mats Benner (ed.), Before and Beyond the Global Economic Crisis, chapter 2, pages 38-54, Edward Elgar Publishing.
    14. Francisco Louçã, 2021. "As time went by - why is the long wave so long?," Journal of Evolutionary Economics, Springer, vol. 31(3), pages 749-771, July.
    15. Goutsmedt, Aurélien & Sergi, Francesco & Guizzo, Danielle, 2019. "An Agenda without a Plan: Robert E. Lucas's Trajectory throught the Public Debate," OSF Preprints 7jpa9, Center for Open Science.
    16. Rutger Claassen & Anna Gerbrandy & Sebastiaan Princen & Mathieu Segers, 2019. "Rethinking the European Social Market Economy: Introduction to the Special Issue," Journal of Common Market Studies, Wiley Blackwell, vol. 57(1), pages 3-12, January.
    17. Marcel, Mario & Solimano, Andres, 1993. "Developmentalism, socialism, and free market reform : three decades of income distribution in Chile," Policy Research Working Paper Series 1188, The World Bank.
    18. Paul Lewis, 2023. "The Hand Behind the Invisible Hand: Reflections on a Recurring Theme in Classical Liberal Political Economy," Contributions to Political Economy, Cambridge Political Economy Society, vol. 42(1), pages 78-100.
    19. Vlad Tarko, 2017. "Neoliberalism and Regulatory Capitalism: Understanding the "Freer Markets More Rules" Puzzle," Working Paper Series 2017-02, Dickinson College, Department of Economics.
    20. Todorova, Zdravka, 2014. "From Monetary Theory of Production to Culture-Nature Life Process:Feminist-Institutional Elaborations of Social Provisioning," MPRA Paper 54681, University Library of Munich, Germany.

    More about this item

    Keywords

    F. A. Hayek; Chile; Chicago boys; Augusto Pinochet; Salvador Allende; Milton Friedman; Centro de Estudios Publicos (CEP); El Mercurio;
    All these keywords.

    JEL classification:

    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • B3 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals
    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ehl:lserod:63318. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: LSERO Manager (email available below). General contact details of provider: https://edirc.repec.org/data/lsepsuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.